| From Bloomberg: Former Malaysian Prime Minister Mahathir Mohamad comments in a speech on the growth of Islamic banking and the need for proper regulation to avoid abuse. He spoke at a Shariah scholars forum in Kuala Lumpur.
On the rising demand for Islamic banking: “Islamic banking has become the focus of discussion all over the world and especially after the current financial crisis brought to their knees the great financial houses of the rich countries. The collapse of conventional banking, finance and the monetary system has exposed their weakness and the ease with which they can be abused..............................................Full Article: Source
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